GCSE Economics FRQ Room

In the UK water industry, regional companies often operate as local monopolies, being the sole suppl

The water industry in the UK is an example of a regional monopoly, where single companies supply wat

The water industry in the UK is an example of a regional monopoly market structure.

GreenField Farms is a small agricultural business. The owner, Sarah, has saved £20,000 in profits. S

Read the information below regarding the financial sector.

Read the scenario regarding a local construction firm.

Money and financial markets play a key role in the functioning of the economy.

The government has recently released data showing an increase in the rate of inflation to 6%, while

A bicycle manufacturer, 'CyclePro', is looking to expand its production.

Use the data in Table 2 to answer the questions.

SwiftShoes is a manufacturer of running trainers. The following table provides data on their costs o

A UK manufacturer exports luxury cars to the United States. The exchange rate between the Pound Ster

This question is about price elasticity of demand.

Read the following scenario and answer the questions.

Study the data table below regarding a sportswear retailer.

Items 1, 2 and 3 relate to market failure caused by congestion.

The government has a limited budget and is considering increasing spending on education.

The following table shows economic data for a specific country over a three-year period.

Use Item D to answer the questions that follow.

Read the following scenario regarding a construction business.

The UK grocery market is dominated by a few large supermarket chains, known as an oligopoly, though

A local cinema is reviewing its ticket pricing strategy to increase revenue.

The following diagram shows the market for bicycles in the UK.

Items A and B relate to economic growth and the national economy.

XYZ Motors produces electric bicycles. The table below shows the costs of production at different le

The government of a country has a limited budget and is considering whether to build a new high-spee

Items A and B relate to the UK national economy.

Items 14, 15 and 16 relate to market failure.

The following table shows the weekly sales data for a specific brand of trainers following a price c

Consider the market for electric bicycles (e-bikes) in the UK.

Financial markets play a key role in the economy by bringing together savers and borrowers.

In many cities, traffic congestion causes significant noise and air pollution. This is an example of

Read Item C and answer the questions.

Traffic congestion is a major problem in many city centres, causing pollution and delays.

Read Item F regarding environmental issues in urban areas.

The grocery market in the UK is dominated by a few large firms (an oligopoly).

Read the following scenario regarding government environmental objectives and economic growth.

The UK economy is heavily linked to the global economy through trade and exchange rates.

Congestion in major city centers is an example of market failure.

Item C relates to the pricing of a popular video game console.

Items 9 to 11 relate to production, costs, and profit.

Study the data regarding the market for electric bicycles.

The following question focuses on the UK's trade relationships.

Items A and B relate to the government's economic decisions.

Read the following scenario and answer the questions that follow.

Read the following scenario regarding a local government decision.

The government has four main macroeconomic objectives. However, achieving all of them simultaneously

The following table shows economic data for a fictional country, Econland, over a period of two year

A local cinema is reviewing its ticket pricing strategy.

Item B: The Market for Electric Vehicles The diagram below shows the market for electric vehicles (

Read Item B and answer the questions that follow.

Items H and I relate to the production and costs of a smartphone case manufacturer.

Items E and F relate to international trade.

The government is considering changes to its fiscal policy to stimulate the economy.

Study the information below regarding government policy.

Items A and B relate to the measurement of national income and economic growth.

Study the information in Item B regarding unemployment in the UK.

UK businesses trade globally. The value of the pound sterling (£) fluctuates against other currencie

Refer to the table below regarding a local cinema ticket pricing.

A manufacturer of fruit juice is reviewing its pricing strategy. The table below shows the weekly sa

A manufacturer produces LED light bulbs. The following table illustrates their costs at different le

Use the scenario below to answer questions on market failure and government intervention.

Study the data provided and answer the questions that follow regarding the national economy.

The government is considering changing its fiscal policy stance to manage the economy.

The government uses various policies to manage the economy.

The following questions relate to calculations of economic performance.

Study the data regarding a local cinema's ticket pricing strategy.

The chart below shows the exchange rate of the Pound Sterling (£) against the US Dollar ($) over a 6

The UK energy market is dominated by a few large suppliers ('The Big Six'), whereas the market for w

The UK government aims to achieve stable low inflation as one of its primary economic objectives. Co

Bella runs a bakery producing artisan bread.

Study the production data for SwiftCycles, a bicycle manufacturer.

SwiftCycle Ltd manufactures bicycles. The following data refers to their monthly costs.

Governments use various policies to manage the economy. Supply-side policies are designed to increas

Review the data in Item B regarding the trade-off between unemployment and inflation.

Items 4 to 6 refer to the following information about the global coffee market.

Study the cost data for Berry's Jam Ltd.

The government has a limited budget and must make choices about how to allocate resources between di

Items A and B relate to the UK economy.

The government has recently announced a target to reduce the rate of inflation to 2%. However, there

Items A and B relate to the grocery supermarket industry in the UK.

The government faces choices when managing conflicting economic objectives.

A local cinema is reviewing its ticket pricing strategy. The manager has collected data on ticket sa

Study Item B and answer the questions that follow.

Read Item B regarding government economic objectives and answer the questions.

Money and financial markets play a key role in the economy.

The following question relates to market failure and environmental issues.

The financial sector plays a crucial role in a modern economy.

The following questions relate to government economic objectives.

This question is about the national economy and economic growth.

Consider the pricing strategy of 'Bean There', a local coffee shop.

Answer the following questions regarding international trade and exchange rates.

Financial markets play a crucial role in the economy.

Consider the market for wheat described below.

Items 9, 10 and 11 relate to costs and production.

Study the exchange rate data below.

Compare the market structures of the UK water industry and the UK sandwich shop market.

Refer to Item D and answer the following.

The table below shows economic data for a fictional economy, Country X, over a three-year period.

International trade is a key component of the UK economy.

Items A and B relate to the UK Economy in 2023.

Read the following extract and answer the questions that follow.

The following questions relate to market failure and government intervention.

A local cinema is reviewing its ticket pricing strategy. Use the data in Table 1 to answer the quest

Study the data regarding unemployment and inflation in a hypothetical economy.

Read the following scenario regarding a local council's decision-making process.

Refer to the text about the financial sector.

The global economy involves trade between nations and the exchange of currencies.

Read the following scenario and answer the questions that follow.

The water supply industry in many regions is considered a monopoly, whereas the fast-food industry i

This question is about the basic economic problem and factors of production.

Items A and B relate to government economic objectives.

Item D: Production at 'BakeFast' BakeFast is a bakery that produces loaves of bread. The table belo

Use the following information to answer the questions that follow.

The market for electric bicycles (e-bikes) has seen significant changes recently. The diagram repres

Read the information below about the Bank of England and answer the questions.

Study the information regarding the government's budget allocation decision.

Items 13 and 14 relate to competitive and concentrated markets.

Read Item D and answer the questions that follow.

Governments use fiscal and monetary policies to influence economic activity.

Globalisation has increased the interconnectedness of world economies.

Study the data regarding the market for bicycles.

The government is considering interventions to reduce plastic waste.

A popular sportswear brand, 'Athena', is considering changing the price of its running shoes.

A smartphone manufacturer is considering changing the price of its flagship model. They have gathere

The government uses various policies to manage the economy, including fiscal and supply-side policie

Items 7 and 8 relate to price elasticity of demand.

Item H describes the market structure of the UK supermarket industry.

Items 7, 8 and 9 relate to price elasticity of demand (PED) for a specific brand of designer trainer

Consider the market for electric vehicles described below.

Consider the market for electric bicycles (e-bikes) in the UK.

The UK government is considering changing its fiscal policy stance to manage the economy.

Items C and D relate to government economic objectives.

Use Item E to answer the questions that follow.

Consider the market for home broadband in the UK, which is dominated by a few large firms. Contrast

A small manufacturer of wooden furniture is reviewing its production costs.

Items 1, 2 and 3 relate to the basic economic problem and factors of production. EcoBuild Ltd is a

The following questions relate to price elasticity of demand (PED) for a streaming service.

Read the following scenario about a construction business and answer the questions.

Consider the market for coffee, which is a popular hot drink.

This question explores market structures, specifically monopolies versus competitive markets.

Read the following scenario about interest rates and answer the questions.

Items D and E relate to money and financial markets.

Study the data regarding economic objectives and answer the questions that follow.

Item C provides information about inflation in the UK.

Items A and B relate to government economic objectives.

Katy runs a small bakery business called 'Katy's Cakes'. She is looking to expand her production.

Consider the market for electric bicycles (e-bikes) in the UK.

Read the information in Item C apart regarding the government's recent policy decisions.

Item B: The Market for Electric Bicycles (e-bikes) The government wants to encourage cleaner transp

The following questions relate to the measurement of economic performance and aggregate demand.

Major cities often face significant traffic congestion, which is an example of market failure.

Read the information below about the financial sector.

The Bank of England manages the UK's monetary policy.

Items E and F relate to how the government manages the economy.

The following question is about money and financial markets.

The table below shows the costs for a small furniture manufacturer at different levels of output.

Study the data below regarding the UK's economic performance and answer the questions that follow.

This question concerns government economic objectives.

The following questions relate to Price Elasticity of Demand.

The financial sector plays a vital role in the functioning of a modern economy.

Read the following scenario regarding government fiscal policy.

Study the production data for a small furniture manufacturer.

Study the scenario regarding river pollution.

Study the information about the market for electric bicycles (e-bikes) and answer the questions that

Study Item E regarding the financial sector.

Read the following data regarding the UK economy and answer the questions that follow.

The UK government has decided to invest £50 billion in new renewable energy infrastructure to help m

The following questions relate to international trade and the UK economy.

In the UK water industry, regional companies operate as monopolies in their specific areas.

Item F relates to the environmental impact of road transport involved in market failure.

Study the data regarding the market for electric bicycles (e-bikes).

Study the table below regarding the price and demand for a specific brand of trainers.

Read the following scenario and answer the questions associated with it.

Items B involves data about the market for bicycles.

Read Item A and answer the questions that follow.

Item H relates to the costs and production of a smartphone manufacturer.

A small bakery is considering expanding into a large factory production model. Consider the data bel

Study the data regarding a local cinema's ticket pricing and answer the questions.

Read the scenario regarding government management of the economy.

This question concerns market structures and the behavior of firms.

Use Item F to answer the questions regarding market failure.

Refer to the cost data for 'TechSolutions Ltd', a manufacturer of computer chips.

The image description below illustrates a market failure situation in a city center.

The smartphone market is dominated by a few large firms, whereas the market for local window cleanin

The following questions relate to market failure and environmental economics.

Read the following scenario regarding a manufacturing business and answer the questions that follow.

Read the following extract and answer the questions.

A local cinema is analyzing its ticket pricing strategy.

Money plays a vital role in the functioning of modern economies, facilitated by financial markets.

Read the following information and answer the questions.

The following questions concern the financial sector and monetary policy.

Item B: The Market for Bicycles The table below shows the supply and demand schedule for bicycles i

The production of chemicals in a factory creates air pollution, which affects the health of local re

Use the context in Item E.

The market for tap water in an area is controlled by a single supplier, 'AquaPure', whereas the mark

Items A and B relate to the UK economy.

FastFash Ltd is a clothing manufacturer. The table below shows their costs of production at differen

The market for bicycles has seen significant changes due to rising fuel prices and environmental con

The consumption of sugary drinks has been linked to negative externalities, such as increased health

A cinema operator is reviewing ticket prices. The table below shows the quantity of tickets demanded

Study Figure 1 and answer the questions that follow.

Items C and D relate to government economic objectives.

Items 1, 2 and 3 relate to the basic economic problem.

Items 4, 5 and 6 relate to the market for electric bicycles (e-bikes).

The UK government aims to achieve several economic objectives simultaneously. However, policy decisi

TechSolutions Ltd is a software company with a surplus budget of £50,000. The directors are consider

Read the following extract regarding the government budget.

Plastic waste in oceans is a growing environmental concern. Governments are considering various inte

The table below shows hypothetical Balance of Payments data for the UK.

This question refers to government economic objectives.

In many regions, water supply is provided by a single company.

Financial markets and the role of money are central to the economy.

Study the cost data for a small coffee shop in Item E.

ElectroBikes manufactures electric bicycles. The table below shows the costs of production for diffe

Items 1, 2 and 3 relate to the economic choices faced by a local council.

In the UK, the supermarket industry is dominated by a few large firms, whereas the window cleaning m

Read the extract about the UK supermarket industry.

Consider the market for home streaming services, such as Netflix or Disney+.

The following question is about market failure.

Read the following regarding the UK supermarket industry.

Items H and I relate to international trade and exchange rates.

Context: The UK trades globally. The exchange rate of the pound (£) fluctuates against other currenc

In the water supply industry, there is often only one supplier for a specific region. This is an exa

The market for bicycles in the UK has seen significant changes recently due to environmental awarene

The following questions relate to money and financial markets.

Consider the market for local water supply compared to the market for hairdressing.

The UK government aims to achieve several macroeconomic objectives simultaneously.

Traffic congestion is a major problem in many UK cities, causing pollution and delays.

Compare the market structures of the global sneaker market, dominated by a few large brands, with a

Study Item B and answer the questions that follow.

In major cities, traffic congestion causes significant air pollution, which is a negative externalit

Use the table below regarding a manufacturer of smartwatches to answer the questions.

Consider the following data regarding measuring inflation in the UK.

Items D, E and F relate to government economic objectives.

Study the data regarding a local cinema's ticket pricing strategy.

International trade and exchange rates significantly impact the UK economy.

Read Item C and answer the questions that follow.

The government uses various policies to manage the economy.

Read the information about international trade and exchange rates.

Read the information regarding the Bank of England's recent decisions.

Money plays a vital role in the functioning of modern economies.

The following table shows economic data for a fictional country, Econland, over a two-year period.

Items 13, 14 and 15 relate to market failure.

Items H and I relate to production costs for a manufacturing firm.

The exchange rate of the currency has fluctuated significantly over the last year.

BrightSparks Ltd manufactures LED lightbulbs. The table below shows the costs and revenue for the fi

The following data relates to the UK's international trade.

The government is concerned about the level of air pollution in major cities caused by diesel vehicl

Study the graph representing the exchange rate between the Pound Sterling (£) and the US Dollar ($).